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1-bed · 843 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

501-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501-B · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 573K14 November 2017
Current rentAED 50K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501-B, Axis Residences 2

What is 501-B worth today?

Last sold for AED 573,161 in 2017

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5 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
1 Aug 2023RentedRenewal
AED 33,500/yr12 months · AED 40 per sqft
1 Aug 2022RentedRenewal
AED 30,000/yr12 months · AED 36 per sqft
1 Aug 2021RentedRenewal
AED 27,000/yr12 months · AED 32 per sqft
1 Aug 2020RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
1 Aug 2019RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
6 Jul 2018RentedRenewal
AED 48,000/yr12 months · AED 57 per sqft
14 Nov 2017Sold by developerReady
AED 573,161AED 679 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
5th of 8
Parking
125
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 573K · November 2017
Building
Axis Residences 2

About 501-B, Axis Residences 2

501-B is a one-bedroom apartment of 843 sqft on the 5th floor of Axis Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Gulf General Investments Co. The developer sold it on 14 November 2017 for AED 573,161, or AED 679 per sqft, in line with the AED 691 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 5 March 2026, is AED 50,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 9,000 a year.

Sales and rents for 501-B over time

Sales
Unit 501-B, each saleTypical one-bed in Axis Residences 2
400K600K2013201720212025Typical sale price by year: 2013 AED 466,422; 2014 AED 530,524; 2015 AED 539,797; 2016 AED 547,955; 2017 AED 548,478; 2018 AED 532,169; 2019 AED 380,000; 2020 AED 338,500; 2021 AED 330,000; 2022 AED 325,000; 2023 AED 387,500; 2024 AED 450,000; 2025 AED 540,000; 2026 AED 537,500Sold by developer, November 2017: AED 573,161 (AED 679 per sqft)

501-B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501-B, each contractTypical one-bed in Axis Residences 2
40K60K2014201820222026Typical rent by year: 2014 AED 57,985; 2015 AED 59,000; 2016 AED 58,000; 2017 AED 53,000; 2018 AED 45,500; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 36,800; 2024 AED 43,890; 2025 AED 47,000; 2026 AED 50,000New contract, May 2014: AED 55,000 a yearNew contract, May 2015: AED 55,000 a yearRenewal, May 2016: AED 55,000 a yearRenewal, July 2018: AED 48,000 a yearNew contract, August 2019: AED 36,000 a yearRenewal, August 2020: AED 28,000 a yearRenewal, August 2021: AED 27,000 a yearRenewal, August 2022: AED 30,000 a yearRenewal, August 2023: AED 33,500 a yearNew contract, March 2026: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Axis Residences 2, and where 501-B sits

All 268 1-beds →

501-B last sold in November 2017 at AED 679 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 691). Over the last 12 months one-beds sold for AED 500,000 to 650,000, around AED 699 per sqft, and rent for AED 22,000 to 75,000 a year. 501-B's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026520,000
10 Jul 2026555,000
24 Jun 2026500,000
14 May 2026568,000
7 1-bed sales in the last 12 months

Axis Residences 2

Building

284 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2014 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 699
Typical sale
AED 555K
Typical rent
AED 50K /yr
Typical yield
8.9%
Axis Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 284 units in Axis Residences 2
Value
501-A1-bedAED 580K · Sep 2016
502-A1-bedAED 550K · Sep 2016
502-B1-bedAED 544K · Sep 2017
503-A1-bedAED 575K · Sep 2016
503-B1-bedAED 569K · Sep 2017
504-A1-bedNo registered sale
504-B1-bedAED 400K · Jan 2024
1–7 of 37

501-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 14 November 2017 for AED 573,161, or AED 679 per sqft.
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 27,000 in 2021 and recovered to AED 50,000 by March 2026.
  • At AED 50,000 a year the gross yield on the 2017 price is 8.7%, before a service charge of about AED 9,000 a year (AED 10.71 per sqft).
  • One-beds in Axis Residences 2 sold for AED 500,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 5 March 2026.

Questions about 501-B, Axis Residences 2

What did unit 501-B last sell for?

AED 573,161 on 14 November 2017, sold by the developer: AED 679 per sqft for 843 sqft. It is the only registered sale of the unit.

What is the rent for unit 501-B?

AED 50,000 a year on the contract signed on 5 March 2026. The previous contract, from August 2023, was AED 33,500; the unit has been rented since May 2014.

How big is unit 501-B?

843 sqft (78.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 501-B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Axis Residences 2 sold for AED 500,000 to 650,000 in the last 12 months, around AED 699 per sqft.

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Mortgage on 501-B, Axis Residences 2

Starts from the last sale price (AED 573K, 14 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 573,161
Deposit, UAE resident (20%)
AED 114,632
Deposit, non-resident (40%)
AED 229,264
Monthly over 25 years at 3.7%
AED 2,345

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →